According to the son of the American president, the pressure on the family, exerted through the closure of accounts in banks, opened the way to cryptocurrencies.
“I never thought that I would get into the world of cryptocurrencies until each bank began to refuse to maintain for no reason – except that my father was a politician. They severely and purposefully pursued us. Only then did I understand how important the cryptocurrency is. It is faster, cheaper, more transparent, and you cannot be “canceled” in it. ”
Trump Jr. said that, unlike banks under the control of a small group of people and capable of destroying entire businesses, cryptocurrency is resistant to censorship. Blockchain technology exceeds classical financial systems and there is not a single thing that banks could do better than cryptocurrency, the president’s son emphasized.
Donald Trump made many promises during the campaign to re -election to the post of president of the United States. Shortly after the election, Trump called for Congress to develop laws on market regulation to make the United States “the cryptostostolian of the world.”
The president’s family created the World Liberty Financial cryptocredit platform and sold it to $ 590 million. At the end of March, WLF announced the creation of Stablecoin USD1, and Trump Media Trump Media Company concluded an agreement with one of the largest American Cryptoi Crypto.com In order to launch exchange products under the Truth.fi brand.
Earlier, the Canadian mining company HUT 8 and a group of investors, led by the sons of US President Eric and Donald Jr., announced the beginning of the work of the American Bitcoin division, which will take up the prey of the first cryptocurrency.
Source: Bits
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